Distributed ledger technology (DLT) has been revered as a solution to all the problems that can be found in practically every industry. But over a decade since its creation and enormous effort from large organizations, DLT has yet to prove itself in real-world applications due to several technical challenges, predominantly scale and interoperability across different networks.

This report argues that industry participants can begin to showcase the benefits of digital assets and distributed networks should there be a refocus of effort of large-scale ambitions. What can be utilized today with great effect has proven to be the issuance of digital assets, transactions, settlement and custody